Focus on relationships is the key to navigating market downturns

As a well-established 3PL in the transportation management and brokerage space, Chicago-based Echo Global Logistics has proved that focusing on customer relationships and strategy is the best way to navigate a freight market downturn.

Zach Jecklin, chief information officer at Echo, has been with the company 17 years and has experienced every part of the market cycle.

“We’re ready for a tailwind,” Jecklin said. “It’s been a long bottom part of the market, for longer than we’ve seen in the history...

https://www.freightwaves.com/news/focus-on-relationships-is-the-key-to-navigating-market-downturns

Reefer capacity remains tight: How to optimize available trailers

By: Corrie White, market reporter at FreightWaves

While the logistics industry has traditionally leaned on seasonality to understand fluctuations in the market, that strategy doesn’t seem to be working anymore. 

“If we have learned anything over the past year, it is the fact we cannot apply pre-pandemic patterns to the current freight environment just yet,” said Zach Strickland, director of Freight Market Intelligence at FreightWaves.

This also applies to reefer carriers ⁠— a sector that is more...

https://www.freightwaves.com/news/reefer-capacity-remains-tight-how-to-optimize-available-trailers

New year, same supply chain — Freightonomics

The new year has come and gone, but supply chain pressures are continuing to linger and even getting worse in some cases.

Zach Strickland and Anthony Smith kick off their first episode of Freightonomics of the year talking about how the supply chain is still dragging after the holidays ended. The two talk about the strong truckload demand and how companies are struggling to catch up with that demand.

Smith and Strickland look at some SONAR data that shows these strong trends and talk about the...

https://www.freightwaves.com/news/new-year-same-supply-chain-freightonomics

Is the throwing of hurdles at the markets over? — Freightonomics

2021 has not been as disruptive for freight as 2020 was, but some hurdles have still been thrown at the industry this year. 

On this episode of Freightonomics, Anthony Smith and Zach Strickland talk about what 2021 brought and ask: “Is that all you got?” 

They also talk about the news of the day and...

https://www.freightwaves.com/news/is-the-throwing-of-hurdles-at-the-markets-over-freightonomics

’Tis the season: Harvest haulers stress an already tight market

At the close of every summer, the trucking industry gears up for harvest season, which traditionally contributes to a further tightening of capacity ⁠— for a couple of reasons. Owner-operators who also own farms remove their trucking capacity from the market for over a month to harvest produce and deliver it to market. 

Additionally, to ensure the extra capacity needed during harvest season, brokers use a dedicated group of carriers to haul oranges, watermelons, avocados, corn, cotton or...

https://www.freightwaves.com/news/tis-the-season-harvest-haulers-stress-an-already-tight-market

Scary solutions at the West Coast ports? — Freightonomics

nVision Global, is a leading Global Freight Audit, Supply Chain Management Services company offering enterprise-wide supply chain solutions. With over 4,000 global business “Partners”, nVision Global not only provides prompt, accurate Freight Audit Solutions, but also providing industry-leading Supply Chain Information Management solutions and services necessary to help its clients maximize efficiencies within their supply chain. To learn more, visit www.nvisionglobal.com

On this episode of...

https://www.freightwaves.com/news/scary-solutions-at-the-west-coast-ports-freightonomics

Looking into 2022 — Freightonomics

nVision Global, is a leading Global Freight Audit, Supply Chain Management Services company offering enterprise-wide supply chain solutions. With over 4,000 global business “Partners”, nVision Global not only provides prompt, accurate Freight Audit Solutions, but also providing industry-leading Supply Chain Information Management solutions and services necessary to help its clients maximize efficiencies within their supply chain. To learn more, visit www.nvisionglobal.com

More companies are...

https://www.freightwaves.com/news/looking-into-2022-freightonomics

The cold truth at the ports — Freightonomics

nVision Global, is a leading Global Freight Audit, Supply Chain Management Services company offering enterprise-wide supply chain solutions. With over 4,000 global business “Partners”, nVision Global not only provides prompt, accurate Freight Audit Solutions, but also providing industry-leading Supply Chain Information Management solutions and services necessary to help its clients maximize efficiencies within their supply chain. To learn more, visit www.nvisionglobal.com

On this episode of...

https://www.freightwaves.com/news/the-cold-truth-at-the-ports-freightonomics

SONAR updates for Oct. 11: Lanes to watch, key notes and more

Welcome to our newest FreightWaves feature. To take advantage of all the information generated by SONAR — the fastest freight-forecasting platform in the industry — we’ll post a SONAR update file each weekday. Consider it a highlight reel of the SONAR news being delivered that day via newsletters, FreightWaves TV, video, social media and all other platforms in which SONAR appears. For more information on SONAR or to request a demo, click here.

Lanes to watch

By Zach Strickland

MILWAUKEE to...

https://www.freightwaves.com/news/sonar-updates-for-oct-11-lanes-to-watch-key-notes-and-more